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Problem 4-08 Lisa Lasher buys 400 shares of stock on margin at $21 per share. If the margin requirement is 60 percent, how much must

Problem 4-08\ Lisa Lasher buys 400 shares of stock on margin at

$21

per share. If the margin requirement is 60 percent, how much must the stock rise for her to realize a dividends, commissions, and interest on borrowed funds.) Round your answer to the nearest cent.\

$
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Lisa Lasher buys 400 shares of stock on margin at $21 per share. If the margin requirement is 60 percent, how much must the stock rise for her to realize dividends, commissions, and interest on borrowed funds.) Round your answer to the nearest cent

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